Which of the following is not an example of price discrimination?
A. student discounts at museums
B. mattress sales on Memorial Day
C. rental car companies charging lower prices to local residents than to out-of-state residents
D. children's discounts at amusement parks
Answer: B
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_____ are accounts at the U.S. commercial banks that combine an interest-bearing savings account with a noninterest bearing checking account
a. Automatic transfer system accounts b. Negotiable orders of withdrawal c. Eurodollar deposits d. Certificates of deposit e. Credit union share draft accounts
Which costs of inflation could the government reduce without reducing inflation?
a. shoeleather and menu costs b. menu costs and relative price variability c. unintended changes in tax liabilities and arbitrary redistributions of wealth d. none of the above is correct.